Overview
What is Sf Piers Owner Inc?
Sf Piers Owner Inc, based in Dallas, Texas, serves as a title holding corporation under IRS section 501(c)(25). Its primary role is to maintain ownership of real property on behalf of the Public Employees' Retirement Association of Colorado (Retirement System). The organization's objectives involve collecting income and managing assets that contribute to the retirement system's financial well-being.
Is Sf Piers Owner Inc legitimate?
Sf Piers Owner Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Sf Piers Owner Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Sf Piers Owner Inc?
Sf Piers Owner Inc, functioning as a title holding corporation under IRS section 501(c)(25), holds the title to real property on behalf of the Public Employees' Retirement Association of Colorado (Retirement System). Its primary role is to collect income and manage the assets for this retirement system. The organization's mission, in essence, is to serve as a financial custodian, ensuring the secure management of the retirement system's real estate assets. This service contributes to the long-term financial security and well-being of the public employees in Colorado who are part of the retirement system.
Who is the CEO of Sf Piers Owner Inc?
R Lee Phegley is the Director of Sf Piers Owner Inc.
What is the revenue of Sf Piers Owner Inc?
Sf Piers Owner Inc's revenue in 2022 was -$785,535.
Who are the executives of Sf Piers Owner Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Sf Piers Owner Inc?
Sf Piers Owner Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sf Piers Owner Inc
Sf Piers Owner Inc, as a title holding corporation, operates under IRS section 501(c)(25). Its primary mission is to serve as a trustee, holding title to real property on behalf of the Public Employees' Retirement Association of Colorado (Retirement System). This role involves collecting income and managing assets for the Retirement System. In essence, Sf Piers Owner Inc acts as a financial steward, ensuring the retirement system's property-related interests are protected and managed effectively.
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Impact
October, 2024
Sf Piers Owner Inc significantly impacts the financial health and stability of the Public Employees' Retirement Association of Colorado by managing and holding title to real property. This role allows the organization to efficiently collect income and manage assets, contributing to the sustainable funding of retirement benefits for public employees. By focusing on asset management, Sf Piers Owner Inc plays a crucial part in enhancing the value of the Retirement System, ensuring that it meets its obligations to members effectively. Located in Dallas, TX, the organization not only supports the financial ecosystem for public workers but also fosters community improvement through its strategic investments in real estate. Overall, its operations stabilize and grow the financial resources available for retirees, positively affecting the broader community.
This information is meant to be a general summary of Sf Piers Owner Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,274
- Gross Receipts: $10,449,796
Assets and Liabilities:
- Total Assets: $113,314,171
- Total Liabilities: $67,859,034
- Net Assets: $45,455,137
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Organization Details
Founding Year
2016
Phone
(972) 715-7400Principal Officer
R Lee Phegley
Main Address
2001 ROSS AVE STE 3400, DALLAS, TX, 75201
NTEE Category
Code: S47 - Community improvement
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